Leverage is not the devil! The liquidation price is not important at all!
90% of people do not understand the core secret of contracts
"What's the difference between opening 10x with 1000U and 5x with 2000U?
When you see someone asking this kind of question, you know they are just another novice trapped by the liquidation price!
Both positions have a value of 10,000U, but only a fool would focus on the liquidation price
These two methods essentially have a position of 10,000U, but rookies only calculate: "10x leverage liquidation price is closer, so dangerous!"
Wrong! The core of trading is not the liquidation price, but the stop-loss discipline!
High leverage dies quickly? That’s because you don’t set a stop-loss like a gambler! After opening a 50x leverage, you turn off the screen, if you don't get liquidated, who will?
If you can't even handle spot trading, contracts are just a money machine
I've seen too many beginners:
"Teacher, how can I quickly turn 200U into 10 times?"
And they really do it quickly, they lose it all in 5 minutes.
Remember: earn your first bucket of gold with spot trading before using profits to play contracts!
If you can't even understand candlesticks, what’s the difference between going all in on contracts and betting on high or low?
Opening signal is not important at all!
Go long on sunny days, go short on rainy days? No problem!
The key is position control
Do you know why some people make tens of thousands of U with 10x leverage in three years, while others lose everything in three days?
Remember: the market is a specialist at treating all sorts of disobedience but always rewards the cold traders who execute mechanically and think mathematically.
